Business
Business
CPEC on track with first train from China to Pakistan
China and Pakistan have launched a direct rail and sea freight service, with the first cargo train departing from Yunnan,…
PIA raises $130m loan, announces 30pc discount on late night domestic flights
Pakistan's national flag carrier Pakistan International Airline (PIA) raised $130 million in fresh financing from a banking consortium, as the…
Pakistan allows Russia to use Gwadar Port
Pakistan has formally accepted the Russian request for using the Gwadar Port for exports. Apart from using Gwadar Port, Russia…
Uber lauches rickshaw service in Karachi
Uber Pakistan has officially launched a rickshaw service in Pakistan. In the first phase, the rickshaw service is available in…
PEMRA auctions Pakistan’s first DTH licences for Rs 14.69 billion
Pakistan Electronic Media Regulatory Authority (PEMRA) has completed the auction of all three licences for Pakistan’s first Direct to Home…
Pakistan, Ukraine sign an MoU to upgrade Al-Khalid tank
Pakistan and Ukraine signed today(Wednesday) a memorandum of Understanding to upgrade the Al-Khalid Tank being built in Pakistan. Under the…
Germany’s Lufthansa cancels nearly 900 flights
Germany’s flagship carrier Lufthansa said it would cancel nearly 900 flights on Wednesday because of a strike by pilots, causing…
Dollar strongest in 13 years; bond yields rise
The U.S. dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher…
NBP Installs first ATM machine at Khunjerab on Pak-China border
The National Bank of Pakistan (NBP) has installed Automated Teller Machine (ATM) at Khunjerab along the Pakistan China border. According…